Approaching valuation for antiques and collectibles
Antiques and collectibles often lack clear market prices, so a combination of research, appraisals, and documentation works best. Record provenance and condition as much as possible.
Start with research:
- Check auction results and dealer listings for comparable items
- Note maker marks, materials, and unique identifiers
- Track recent sale prices to gauge market trends
When to get an appraisal:
- If the item is likely to exceed your insurance policy limits
- For tax, estate, or sale purposes
Documentation to include:
- High-quality photos and close-ups of unique features
- Any known history or provenance
- Appraiser reports and valuation date
Insurance and listing tips:
- Use dated appraisals and reappraise periodically if the market is volatile
- Consider scheduling very valuable antiques separately
- Note any restoration work or condition issues that affect value
Thorough documentation and professional appraisals where needed provide credible valuation even for items with uncertain market pricing.